Economics

You will be evaluating each of the questions as you will need to make sure to use relevant economic terms and content development in your work.

Scoring Rubric:

1. must include APA formatted in-text citation/reference, 20%

2. use of economic terms, 20%

3. correctness to each question and at least 2-3 paragraphs for each question, 60%

Questions:

1. Identify a positive externality

2. Identify a negative externality

3. Analyze the role of the government with an exteranlity present.

4. Explain why a firm is not able to deal with an externality.

5. Explain the challenges of a business trying to sell a public and private goods.